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Mobileye Global Inc. - MBLY STOCK NEWS

Welcome to our dedicated page for Mobileye Global news (Ticker: MBLY), a resource for investors and traders seeking the latest updates and insights on Mobileye Global stock.

Mobileye Global Inc. (MBLY) is at the forefront of developing and deploying advanced driver-assistance systems (ADAS) and autonomous driving technologies. The company offers a comprehensive range of end-to-end solutions designed to address the evolving needs of the autonomous driving industry. Mobileye's core offerings include Driver Assist, Cloud-Enhanced Driver Assist, Mobileye SuperVision Lite, Mobileye SuperVision, Mobileye Chauffeur, and Mobileye Drive, among others. These solutions integrate cutting-edge software and purpose-built hardware to enhance the safety and efficiency of driving.

Mobileye's advanced technologies are utilized to expedite maintenance operations through AI-powered road survey technology, providing data services that improve infrastructure management. The company is recognized for its innovative contributions to autonomous driving and its robust portfolio of technologies that are designed to meet the demands of the future driving landscape.

As the only reportable operating segment, Mobileye continues to focus on driving advancements in autonomous vehicle technology and maintaining its position as an industry leader. The company collaborates with automotive manufacturers and technology partners globally to deliver enhanced safety features and autonomous driving capabilities. With its commitment to innovation and excellence, Mobileye is shaping the future of transportation.

News

Mobileye Reveals New Wins for Key Tech Platforms with Large Global Automaker

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Mobileye (MBLY) has been awarded production design wins by a major Western automaker, leading to the implementation of new automated driving solutions using three key platforms across 17 vehicle models starting from 2026. The awards represent a historic milestone in the development of automated driving, increasing its availability to customers globally. The company will work with various brands to develop hands-off, eyes-on driving and eyes-off, hands-off advanced driving solutions, as well as fully autonomous vehicles for robotaxi and mobility-as-a-service operations.
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Mobileye Releases Preliminary FY2023 Financial Results and Initial 2024 Outlook

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Mobileye Global Inc. (MBLY) releases preliminary FY2023 results and a preliminary financial outlook for FY2024. Preliminary results for FY2023 show revenue consistent with guidance and operating income and adjusted operating income better than expected. FY2024 outlook indicates lower revenue in Q1, with a significant increase in the remainder of the year, due to excess inventory at customers. Expected total revenue for FY2024 is $1,830 - $1,960 million, with lower profitability in Q1 due to lower volumes in the EyeQ® SoC business.
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Mobileye Announces CES 2024 Press Conference with Prof. Amnon Shashua

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Mobileye (Nasdaq: MBLY) will present its 2024 CES Press Conference, Mobileye: Now. Next. Beyond. with President & CEO Prof. Amnon Shashua, on January 9, 2024, at 11:00 a.m. PT. The annual CES address will explore the state of self-driving, highlighting Mobileye’s advancements in delivering an evolutionary vision of autonomy, including a spectrum of scalable solutions from hands-off/eyes-on ADAS to eyes-off autonomous vehicles. Prof. Shashua will also introduce a new technological breakthrough that unlocks automakers’ ability to configure the driving experience in ways that align with their brand and consumer tastes. Mobileye CTO Prof. Shai Shalev-Shwartz will present Mobileye's Driving Experience Platform: Architecture, Abstractions, and APIs on Wednesday, January 10 at 1:00 p.m. PT. Mobileye Senior Vice President of AV Johann “JJ” Jungwirth will appear on the CES-presented Conference Session panel titled The Middle Lane: Self-Driving Cars Today at 9:00 a.m. PT.
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Mobileye Announces Participation at the Barclays Global Automotive and Mobility Tech Conference

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Mobileye Global Inc. (MBLY) to present at Barclays Global Automotive and Mobility Tech Conference. Chief Communications Officer Dan Galves to participate in fireside chat on November 30, 2023, from 2:00pm to 2:35pm ET. Webcast available with 90-day replay. Visit IR site for more events and replays.
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Mobileye Releases Third Quarter 2023 Results, Updates Guidance and Provides Business Overview

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Mobileye reports Q3 2023 financial results with revenue of $530 million, an 18% YoY increase. Operating income improved substantially. Diluted EPS was $0.02. The company made progress with key OEM prospects and generated net cash of $285 million. Mobileye's balance sheet remains strong with $1.2 billion in cash and no debt.
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Mobileye Announces Timing of its Third Quarter 2023 Results

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Mobileye to release Q3 2023 financial results and host conference call
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Mobileye Announces Participation in Upcoming Fourth Quarter 2023 Investor Conferences

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Mobileye announces upcoming investor events in Q4 2023
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FAW Group and Mobileye Forge Strategic Alliance in Autonomous Driving

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FAW Group and Mobileye announce strategic partnership to develop autonomous driving solutions for FAW Hongqi vehicles.
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Mobileye Names Moran Shemesh Rojansky Chief Financial Officer

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Mobileye appoints Moran Shemesh Rojansky as CFO, effective September 11, 2023. Shemesh Rojansky has over 18 years of financial experience and will oversee Mobileye's global finance organization.
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Mobileye SuperVision™ Pilot Functions Added to 110,000 ZEEKR Vehicles

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ZEEKR launches over-the-air update for ZEEKR 001 electric vehicle with new driving assistance features built on Mobileye SuperVision platform.
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FAQ

What is the current stock price of Mobileye Global (MBLY)?

The current stock price of Mobileye Global (MBLY) is $10.91 as of September 13, 2024.

What is the market cap of Mobileye Global (MBLY)?

The market cap of Mobileye Global (MBLY) is approximately 8.8B.

What does Mobileye Global Inc. specialize in?

Mobileye specializes in developing and deploying ADAS and autonomous driving technologies and solutions.

What are some of the solutions offered by Mobileye?

Mobileye offers Driver Assist, Cloud-Enhanced Driver Assist, Mobileye SuperVision Lite, Mobileye SuperVision, Mobileye Chauffeur, and Mobileye Drive.

How does Mobileye contribute to infrastructure management?

Mobileye uses AI-powered road survey technology to provide data services that expedite maintenance operations.

Is Mobileye an industry leader?

Yes, Mobileye is recognized as an industry leader in autonomous driving technology.

Who does Mobileye collaborate with?

Mobileye collaborates with automotive manufacturers and technology partners globally.

What is Mobileye's approach to autonomous driving?

Mobileye develops end-to-end solutions integrating advanced software and hardware to enhance driving safety and efficiency.

What are the key technologies developed by Mobileye?

Mobileye develops technologies like Driver Assist, Mobileye SuperVision, Mobileye Chauffeur, and Mobileye Drive.

Does Mobileye provide services beyond autonomous driving?

Yes, Mobileye also offers data services for road maintenance through AI-powered survey technology.

What type of company is Mobileye Global Inc.?

Mobileye Global Inc. is a company focused on ADAS and autonomous driving technologies.

What is the significance of Mobileye's technologies?

Mobileye's technologies are crucial for enhancing vehicle safety, efficiency, and paving the way for future autonomous transportation.

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Mobileye Global Inc.

Nasdaq:MBLY

MBLY Rankings

#886 Ranked by Market Cap
N/A Ranked by Dividends

MBLY Stock Data

8.84B
99.55M
3.42%
122.08%
1.82%
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